Wednesday, September 20, 2017

illegal Investment Company under BNM (updated Sept 2017)

On 20th September 2017, Bank Negara Malaysia (BNM) has released a new update for illegal Investment Company which are neither authorised nor approved under the relevant laws and regulations administered by BNM. The list only serves as a guide to members of the public based on information and queries received by BNM. Most of the company in the list are Illegal Foreign Exchange Trading Scheme and Illegal gold investment company. The company/individual listed as illegal because they're not an authorised dealer or has not obtained the permission of the Controller of Foreign Exchange under the Exchange Control Act 1953 (ECA). It is also illegal to trade foreign currency by a resident who is not an authorised dealer, with a person outside Malaysia, or by a resident who has not obtained the permission of the Controller of Foreign Exchange under the ECA.

BNM list

illegal company

Illegal Investment Company under BNM:
1. 1globalcash
2. 1Gold.com.my (www.1gold.com.my)
3. 3Sixty Venture Capital PLC (www.empire3sixty.com)
4. A.A.M Global Corporation Sdn Bhd
5. Ace Global Sales & Services
6. Ace Dimension Network Sdn Bhd
7. AE Group Holding Pte. Ltd. (201322498-D) (www.aevfc.com)
8. Agarwood Venture (002273031-A)
9. Agar Wood Chamber of Commerce Malaysia
10. Ahmad Zulkhairi Associates PLT ( LLP0009065) (www.fx10capital.com)
11. Ajuwah Realty Sdn Bhd (966604-D)
12. Ajuwah Agencies Sdn Bhd (966604-D)
13. Ajuwah Consultancy
14. Alpari (Asian) Ltd
15. Al-Saliha Worlwide Sdn. Bhd. (628267-M)
16. Amazing Yields Sdn Bhd (891529-V)
17. Amethyst Gold Creation Sdn Bhd (951063-K) (www.powergoldclub.com) (www.powergold999.com) (www.powergold.biz)
18. Applikasi Duit (www.aplikasiduit.com) (www.facebook.com/aplikasiduitandroid)
19. APS Asia Plantation Sdn Bhd (984575-T)
20. Arba Emas Perak (SA0280035-A) (www.arbaemasperak.com)
21. Aruna Travel
22. Arribhu Suci Suci Enterpise (www.premierfxmarket.com)
23. Asas Seroja Sdn Bhd (357014A)
24. Asset Growth Solution Enterprise (002552148 - K) (www.aplikasiduit.com) (www.facebook.com/aplikasiduitandroid)
25. Ashnik Holdings (M) Sdn Bhd (1124601D)
26. Ashnik Trading (002369914-W)
27. AsiaLink Globe Capital (www.com-agc.com)
28. Astral Progress Sdn Bhd (989294-K)
29. Atlantic Global Asset Management (AGAM) (atlanticgam.es)
30. AU Niaga Sdn Bhd (907806-W)
31. AU79 International
32. Auto Trading Management (www.facebook.com/simplyfxmalaysia/)
33. Aurawave Marketing Sdn. Bhd (www.aurawave2u.com)
34. Axis Capital Corporation Ltd (www.axiscapitalcorp.com)
35. Aziera Gold Enterprise (NS0133976-K)
36. BC Academy Sdn Bhd www.bookcoinsmalaysia.com
37. BC Bullion Sdn Bhd
38. Berkat FD Sdn Bhd
39. BFS Markets Ltd (www.bfsforex.com)
40. Binary Indulgence Sdn Bhd (963258-W)
41. Bitclub Network (bitclubnetwork.com) (www.facebook.com/bitclubnetwork.BCN)
42. BitKingdom (www.bitkingdom.org)
43. Build Rich Mining Group Bhd (1006586-T) (www.buildrich.us)
44. Build Rich Investment Group Ltd
45. Build Rich Group Holding
46. Build Rich Agrotech Berhad
47. Build Rich Enterprise
48. Bumi Klasik Warisan Enterprise
49. Capital Asia Group (M) Sdn Bhd (www.capitalasiagroup.com)
50. Carbon Cash Bhd (1218702-K) (carbontoken.com) (goalgreen2u.com)
51. Cash Deal Sdn Bhd (Boss Venture) (www.bossventure.com)
52. Century Dynasty Asia Pacific Sdn Bhd
53. Century Dynasty Group Berhad
54. Century Dynasty Group LTD
55. Century Dynasty Resources Sdn Bhd (980031-K)
56. Celik Emas Enterprise (0021517795-K)
57. Changkat Agro Resources (IP 0353991V)
58. CG international
59. CGF Fine Metal Sdn Bhd
60. Classic Worldwide Corporation (M) Sdn Bhd (773082M) (www.cwc.com.my) (programarba.blogspot.my)
61. Climate Protectors Sdn. Bhd
62. Coin Enterprise Ltd (Livecoin.net)
63. Crowd Care Sdn Bhd (lifeengineering.com.my)
64. CryptoDaily Investment Packages (cryptodaily.io)
65. CTK Network (CTK2U.com)
66. Classic FX Venture
67. CybertrustFX
68. CYL Asia Enterprise
69. CYL4U Resources (www.cyl4u.com)
70. CYL Peoria Enterprise
71. CYL Prospect Trading
72. Danatama Millennium Sdn Bhd (819082-U)
73. Dana Haji Jasman
74. Darul Emas Perak Bhd
75. DBB Star Sdn Bhd (1110055-M)
76. Degold Empire Sdn Bhd (882335-M)
77. Delta Wealth Services (002194713-K)
78. Destiny Resources Services
79. Dgreat Network (info.simplebisnes.com)
80. Dinar Dirham Global (www.dinardirham.com) (www.dinardirham.online)
81. DM Rise Enterprise (PG 0262929-H)
82. DNA Profile Sdn Bhd (245435-W)
83. Dream Success International Sdn Bhd (1002002-P) (www.Surewin4u.com)
84. Dynamic Wira Marketing Sdn Bhd - Skim Beras 1 Malaysia
85. Dynasty Worldwide Sdn Bhd (800311-D) (www.dynasty-worldwide-net) (www.dynastymf.com)
86. Eagle Aeronautics (M) Sdn Bhd (796603-A)
87. East Cape Mining Corp
88. Ecobit
89. Ecofuturefund (www.ecofuturefund.biz)
90. Efzinitus Capital Pte Ltd (www.efzinitus.com)
91. Emgoldex (Emirates Gold Exchange)
92. Empire Five Trading (www.mikadofx.com)
93. Energetic Gateway Sdn Bhd (511826-X)
94. Epic Palms Bhd (epicpalmsberhad.com)
95. Ethtrade Limited (ethtrade.org)
96. Ethtrade Malaysia
97. Everise Fumigation Sdn Bhd (861654-K)
98. Exorbitance Influence Sdn Bhd (1191499-U) (www.krubal.com)
99. Exquisite Bottle Index Sdn Bhd (1060843T) (www.xbi.com.my)
100. Exness Executive Management (exnesmalaya.com)
101. Exness Malaysia (exnesmalaya.com)
102. Extra Capital Programme (extracapitalprogram.com)
103. Ezy Save Trading (PG0216560 - V)
104. Ezey Marketing
105. E-Qirad Sdn Bhd (595699-D)
106. FA Markets
107. Family Wealth Resources (SA0310508-M)
108. Fari Group Global Resources (SA0319984-M)
109. FBS Malaysia (fbsmy.com)
110. FE Brands (M) Sdn Bhd (1000656-H)
111. Flexsy Enterprise & Barrilorne Corp
112. FNZ Capital Limited (www.intelfx.com)
113. Fruits LT Ventures (www.facebook.com/Fruits-LT-Ventures-161191244419863)
114. Fruits LT Ventures Investment Scheme (www.facebook.com/Fruits-LT-Ventures-161191244419863)
115. Fortrend International Sdn Bhd (876619-X)
116. Forex4you (www.forex4you.com) (www.facebook.com/forex4you.malaysia)
117. Forexnova (www.facebook.com/forexnovamalaysia)
118. Futurebarrel.com (futurebarrel.com)
119. Future Trade Indojaya Sdn Bhd (1003327-P) (ftindojaya.blogspot.com) (www.ft-indojaya.com)
120. FXBitlab Holdings Sdn Bhd (1212832-T) (www.fxbitlab.com)
121. FxUnited Malaysia (myfxunited)
122. FXUnited Power Sdn Bhd (1146795-M) (www.fxunitedpowerinternational.com)
123. FXZN Zenith Limited (www.fxzn.com)
124. FXZN Investment Limited
125. FXZN Zenith Management Limited
126. FX Primus Ltd (trivfx.com)
127. Gain FX Capital Sdn Bhd (www.gainfxcapital.org)
128. Gan Patt Services
129. Ganding Wawasan Trading (TR0133766-A)
130. Gemilang Jalur Pintar Enterprise (www.jutawanapp.com) (www.facebook.com/JutawanApp)
131. GGC Aquaculture Sdn Bhd (1044976P)
132. GGF Golden House Sdn Bhd (803753-W)
133. GGT Golds Sdn Bhd (547290-D)
134. Global Creation Trading
135. Global Golds Trading (JM0518201-W)
136. Global Peace Loving Family (www.globalpeacelf.com)
137. Global Tijari Holdings Berhad
138. Global Tijari Industries Sdn Bhd
139. Global Venture Financing (globalventurefinancing.com)
140. Global Wave Gold Corporation (globalwavegold.com) (gwgfx.com)
141. GM Trader (www.gmtraderteam.com) (www.facebook.com/GmTrader-859208567506294)
142. Gold Bullion World Sdn Bhd (1018604-A) (goldenworld.com.my)
143. Gorgeous Chain Sdn Bhd (841928-P)
144. Grand View Golden Success Sdn Bhd (638186-X) - Golden Maximum
145. Golden Speed Trading (002252254-K)
146. Great Access Sdn Bhd (517965-X)
147. Green Buck Resources Sdn Bhd (851115-A)
148. Greenmillion Agrosolution Enterprise (greenmillionagrisolution.blogspot.com)
149. Green Forest Global Sdn Bhd (987049-P)
150. GTGVIP (www.gtgvip.biz) (www.gtgvip.net)
151. HAFX Global Venture Sdn Bhd
152. Harvest Reliance Consultancy Sdn Bhd (965589-W)
153. HEA Teguh
154. Hexa Commerce Sdn Bhd (645798-X)
155. HG Resources Sdn Bhd (www.highwayrich.com) (www.highwayrichclub.com) (www.highwaygroup2u.com)
156. HiFX Asia (HiFX) (www.hifx2rich.com)
157. Highway Group Resources (www.highwayrich.com) (www.highwayrichclub.com) (www.highwaygroup2u.com)
158. Hin Huat Auto Sparts (TR0005484-X)
159. HotForex Malaysia (www.hotforex.com) (www.facebook.com/hfmarketsmalaysia) (hotforexpro.blogspot.my)
160. Holiday Express Asia
161. Honest Group Ltd
162. Hupro International Inc
163. I & A Global Community Network
164. Iconhill Holding Sdn Bhd (810775-P)
165. IGC Diamond
166. IGOFX (www.facebook.com/IGOFXinvestment)
167. Infinity Star International Sdn Bhd (851864-T)
168. Instaforex
169. Instagroup Resources (JM0531870-X)
170. Inint Global Solution - IGS (www.igsvc.biz) (www.facebook.com/igs.biz)
171. Inter Pasicfic Soyy Enterprise
172. Iridian Ventures PLT (LLP0002569-LGN):
173. IronFX Solid Trading
174. Isothree Gold Sdn Bhd (906561-K)
175. Itradex (www.itradexsystem.com)
176. Jalatama Management Sdn Bhd (929594-W) (www.jalatama.com)
177. Jalur Gemilang Maju Enterprise (SA 0412058 - U) (www.jutawanapp.com) (www.facebook.com/JutawanApp)
178. Jazlaan Enterprise
179. Jihadfarisha Ventures (www.dpkingfx.weebly.com)
180. JJ Commerce Trading (SA0399365P)
181. JJ Global Network (www.jjptr.com)
182. JJ Online Enterprise (SA0399360K)
183. JJ Poor To Rich (www.jjptr.com)
184. JJPTR (www.jjptr.com)
185. JM Communications & Technology Sdn Bhd (702054-V)
186. JMI Global
187. JTGold
188. Jutawan Apps (www.jutawanapp.com) (www.facebook.com/JutawanApp)
189. Kelab Kebajikan dan Sosial Tun Teja Malaysia (yds2u.com)
190. Kelab Kebajikan Sosial Malaysia (VVIP88)
191. Keenan Capital Group (www.kcgtraders.com) (www.keenonlinefx.com)
192. Keenan Prestige Services (002095851-P)
193. Keenan Brilliant Services (002021597-V)
194. Kembara Jutawan Crypto (www.facebook.com/svdmalaysia) (www.cryptobeggar.net)
195. Khaira Sakinah Resources (CT0018249-R)
196. Kilauan Padu Services Sdn Bhd (KPSSB) (657711-X)
197. KL FxUnited Club
198. Kris Plus Enterprise (IP0238424-A)
199. Kudaemas (www.kudaemas.com)
200. L & L Property Ventures SB (1186992T)
201. Lestari2U (www.lestari2u.com)
202. LetDuit Scheme (www.letduit.com); Let Duit Boss (Facebook page); LetDuit Plan 30 Hari (Facebook page)
203. Liberty Reserve (www.libertyreserve.com)
204. Life Time Holidays Sdn Bhd (727129-U)
205. Live Coin Express
206. LocalAdClick (localadclick.net)
207. LocusNetwork4u.com (locusnetwork4u.com)
208. LS Gold Bullion Sdn Bhd (235435-H)
209. Mama Captain International (www.mamacaptain.com) (www.barrel2u.com) (www.mamaharbour.com)
210. Marco Robinson Sdn Bhd (www.marcorobinson.com)
211. Mari Wholesale (M) Sdn Bhd (556117-T)
212. Maxim Capital Ltd. www.maximtrader.com
213. Maza Network Sdn Bhd (1006389-H)
214. MBI International Sdn Bhd (873323-V) (www.mbiv2u.com)
215. McRen Oceanus Sdn Bhd (908484-X)
216. MD Venture Group Sdn Bhd (1058936U)
217. Meccafund Family Malaysia
218. Mecca Fund Global (MFG) (meccafundglobal.com) (makkahislamichotel.com) (mekahalsafwah.blogspot.my)
219. Mega Dynasty Sdn Bhd (931589-V)
220. Megaherbs Bioextreme (001946380-K)
221. Megah Mewah Trading (SA0295909-A)
222. Mface International Sdn Bhd (978203-V) (www.mbiv2u.com)
223. MGCfx (www.mgcforex.com)
224. MGC Capital Sdn Bhd (www.morgagecapitals.com)
225. MGSB Holding Sdn Bhd (www.mgsb.org.my)
226. MH Secret Wealth Enterprise (NS0122059A)
227. Mi1 Global Sdn Bhd (1145697-X) (http://mymi1millionaire.org)
228. Million Jade Sdn Bhd (www.millionjade.com)
229. Miracle Day Trading (JR0047390-V)
230. Mohamad World Enterprise
231. MonSpace (M) Sdn Bhd
232. MMM Malaysia (malaysia-mmm.net) (www.facebook.com/MMM.Malaysia.Official)
233. MOP Consultant Sdn. Bhd (101867-W)
234. Mughniwave International Sdn. Bhd. (1163697-W) (mughniglobal.com)
235. MX3 World Wide ((mx3worldwide.com)
236. My Cameron Hills Sdn Bhd (984170M)
237. Myrezki (myrezki.com) (www.facebook.com/bizmeletop2017)
238. MyHowk Ling
239. Nahana Golbal Resources (00211411-M)
240. New Gen Food Sdn Bhd (1186962X
241. Nexgain Malaysia Sdn Bhd (773854-D)
242. Next Generation Mall
243. NGR Asia Group Sdn Bhd (1138129-M) (www.ngrasia.com)
244. NGR Global Sdn Bhd (UT0004411-H)
245. NIKPROFIT TRADING (www.premierfxmarket.com)
246. Nory Motor (TR0023237-H)
247. Norry Setia Ent (TR0103958-M)
248. NTB Agencies dn Bhd (1039052-M)
249. O2 Only One
250. Ocean Century International Limited (www.ODFX.com)
251. OCI Management Sdn Bhd (1042036X) (www.ODFX.com)
252. OCI Venture Sdn Bhd (1039926H) (www.ODFX.com)
253. ODFX (www.ODFX.com)
254. OG1 Asean
255. Overseas Commercial Futures (OCFX)
256. OLTA Capital Management Inc.
257. Omega Pinnacle Ltd (Labuan)
258. One AutoCash (www.clubautocash.com/ www.1autocah.com)
259. Only One International Sdn Bhd (1195288W)
260. Orion Healthcare Management Services Sdn Bhd
261. Orion Prokasih (M) Sdn Bhd
262. Ostim Academy (002443002-A) (www.ostimint.com)
263. Overseas Delight Sdn Bhd (614245-W) (www.arowana2u.com)
264. Pancar Mayang Sdn Bhd (527196-H)
265. Pars Pay Sdn Bhd (813378-V)
266. Pegasus Bullion (www.pegasusbullion.com)
267. Perfway Traders Sdn Bhd (918583-V) (www.perfway.com)
268. Perniagaan Jatidana Wawasan (M) Sdn Bhd
269. Perubatan Islam Seiring Syariat Al-Ikhlas
270. Pioneer Forest Sdn Bhd (1069104M) (www.abunur.com) (rezekipasif.blogspot.my)
271. Pertubuhan Kebajikan Komuniti Malaysia (PKKM) (www.pkkm.my)
272. Pok Din Consultance & Services (www.pokdinempire.com)
273. Pok Din Empire Sdn Bhd (1130978-D) (www.pokdinempire.com)
274. Pollywood Scheme (www.pollywood.asia) (www.polly.academy) (www.facebook.com/pollywoodhq)
275. Power Trade Asia Sdn Bhd (933528-T) (www.kuasaforex.com.my)
276. PPC Storm
277. Preferred Credentials Sdn Bhd
278. Premier FX Malaysia (www.premierfxmarket.com)
279. Premier Point Market Sdn Bhd (1166245-K) (www.premierfxmarket.com)
280. Premier Point Market LLC (www.premierfxmarket.com)
281. Premier Ventures Gold
282. Prestige Dairy Farm (M) Berhad (832757-A)
283. Proficiency Management and Services (002532706X)
284. Profit Web Sdn Bhd
285. Program 10 Bulan Forex Trading
286. Program I-Rich
287. Pro Infinity Ltd (proinfinity.com)
288. Projek Duit 2012
289. Provisio Multimedia
290. Pruton Mega Holding Limited
291. PTFX (www.facebook.com/PTFX-Malaysia-765053533643113) (www.facebook.com/PTFXCopyTrade)
292. PTM4U (passport2u.com)
293. Public Golden House Sdn Bhd (806825-M)
294. Puncak Hartawan Resources (0000097980-T)
295. Quantum Capital Program (www.quantumcapitalprogram.com) (www.berjayaforex.com)
296. Questra World (QW) (questraworld.es) (www.facebook.com/QuestraWorld.Malaysia.1)
297. Qinur Enterprise
298. Ram Kris Venture (0024165647-K)
299. RCFX
300. RC Group
301. RC Group Sdn Bhd
302. Real Biz Pasif
303. Real Ingenious Sdn Bhd (926598-U) (www.worldfocus.co)
304. Relax Green Enterprise (PG0415537X)
305. Rejab Trading (TR0115248-A)
306. Rejabwealth Sdn Bhd (1005424-X)
307. Reza Anuar Seven
308. Retro Titan Sdn Bhd
309. Rex Russel Capital Investment Group
310. RGCX Trading Corp (www.goldrgcx.com/ www.rapidgcx.com)
311. Richway Global Venture (www.richwayventure.com) (www.richwayventure.info)
312. Richway Green Venture (PG0406414M)
313. Rich World Revolution (RWR) (richworldrevolution.com/rwr) (www.facebook.com/richworldrevolution)
314. Rimbun Tekad Realty Sdn Bhd (966620-V)
315. Rimbun Tekad Consultancy Sdn Bhd (966620-V)
316. Rising Premium Sdn Bhd (285572-P)
317. RMMUDAH.COM
318. RM20segera.com (www.rm20segera.com)
319. RN Corporate Services Sdn Bhd
320. Rowther Technologies MSC Sdn Bhd (727979-T)
321. Royal Gold Sdn Bhd (1005830-X) (royalgolds.com)
322. Royale Team Groups (www.royaleteaminfo.blogspot.com)
323. RS Capital Holdings Bhd (819833-P)
324. Safeena Gold Gallery (IP0386035-U)
325. Sanabil Investment (www.sanabil.com)
326. Sejati Agarwood Enterprise
327. Sera Land Mangement & Enterprise (JM0503206-P)
328. SFX Management (KT0339697-V) (www.topprofx.com) (www.facebook.com/tpfxmalaysia)
329. SGFM Trading Sdn Bhd (936419-V)
330. SGV Premier Plan Scheme
331. SimplyFX Malaysia (www.facebook.com/simplyfxmalaysia)
332. Slimberry Extreme Team (zatslimberry.blogspot.com/ slimberryxtreme.com)
333. Smarthink Trading (001973331 - M)
334. Smart Trade Entrepreneur (002459702D
335. Smart Trade Resources Sdn Bhd (1180992A)
336. SMCI Corporation (www.smci.com)
337. Solor Bond Capital Sdn Bhd (1163697-W)
338. Speedline (www.speedline-inc.com)
339. Srgold Exchange Bhd (1033164-V) (www.srgold.com.my)
340. Sri Perkasa Emas Trading
341. Sri Chempaka Emas Enterprise (SA0293336-P)
342. Steady Dynasty Sdn Bhd (782270-H)
343. Steady Global Network Sdn Bhd
344. Strategic Solution ( Goldex Group International Limited)
345. Superbinvest Group (www.facebook.com/pu3superbinvest) (www facebook com/pu3superbinvest)
346. Suliz Pearl Mines
347. Suisse Coins Sdn Bhd (www.suissecoins.com)
348. Sweblink Global Network Sdn Bhd (209952-H)
349. Swiss Capital Venture
350. SVD Malaysia (www.facebook.com/svdmalaysia) (www.cryptobeggar.net)
351. SV International Scheme
352. SV International Sdn Bhd (1169355-K)
353. Syarikat Azza Motor Network Sdn Bhd (104795-P) (www.rajakereta.weebly.com) (www.rajakereta.com)
354. Syarikat GECS Ltd
355. Syarikat Sri Alam
356. Tabung Dana Ehsan
357. Tanjung Trading (TR0123942-W)
358. Tenaga Setia Services (107239-P)
359. TF International Group
360. TF International Group (MY)
361. TF International W1212 KL Team
362. TG Reliance Sdn Bhd (1086255-A)
363. The Gold Guarantee
364. Titan Group Sdn. Bhd (823732-U)
365. TP Eagle Venture Sdn Bhd (114378-M) (www.tpeagles.com)
366. Trillion Venture (trivfx.com)
367. Triple One Management Pte Ltd (T1FX) (t1fx.com)
368. TukarGold.net (www.tukargold.net)
369. Toga Capital Sdn Bhd (1132072-MD) (togacapital.com.my) (www.facebook.com/TogaCapitalLimited)
370. Toga Company Limited (togacapital.com.my) (www.facebook.com/TogaCapitalLimited)
371. TopproFX (www.topprofx.com) (www.facebook.com/tpfxmalaysia)
372. UER Gold (uergold.com/profitsharing)
373. UFUNCLUB (www.jutawanufunclub.com/ufunclub2me.blogspot)
374. Ultimate Power Profits (www.ultimatepowerprofits.yolasite.com)
375. United American Traders Council (www.uatconline.com)
376. Uni Argrow (Cambodia) Co. Ltd (www.argrow.biz) (www.unicapasia.net)
377. Uncang Teguh Resources (0000102116-T)
378. Urustabil Sdn Bhd (545426-X)
379. VC Gold Sdn Bhd (722295-T)
380. Virgin Gold Mining Corporation
381. VenusFX (www.venusfx.com)
382. V Save FX Trading (002482098 - K)
383. V Sim Marketing (002283635 - U)
384. Verger Management Services
385. Wadiah Trading (www.wadiahtrading.com)
386. Water Beaute World Berhad (wbwglobal.wordpress.com) (wbwig.blogspot.my)
387. Water World Marketing (CA0177161-P)
388. Webster Trade Consulting Sdn Bhd (1171420D) (www.wtcpro.com/ wtcprolimited.blogspot.my)
389. Westrank Equity Sdn Bhd (1046449-A)
390. Windsor Fragrance Sdn Bhd (599208-H)
391. WMS Capital Ltd (Labuan)
392. WMS Global Services (PG0402301-M)
393. World Dirham Berhad (970807-X)
394. Worldwide Community Programme (wcp2u.com)
395. WSL Merchants Pte Ltd (www.worldshopperslink.com/ www.click4dollar.com)
396. Xcelent Job Trading (001971755P)
397. XIG Limited (www.xiglimitedmalaysia.com) (my.xiglimited.com) (www.facebook.com/xiglimitedofficial) (www.facebook.com/myduitcom)
398. XOC7
399. YDS Corporate Line Sdn Bhd (877697-P) (yds2u.com)
400. YDS Holding Groups Bhd (987797-T) (yds2u.com)
401. Zenith Gold International Limited (ZGI) (www.zenithgolds.com (zenithgoldrocks.wordpress.com) (zenithgoldpowerteam.blogspot.my)
402. Zeta Capital Management
403. Zill Akasha Gemilang Enterprise
404. Zill Akasha Gemilang Enterprise
405. Zness.com (zness.com)

How the illegal investment company operate:
1) Illegal operators usually operate on a small scale and claim they can provide remittance services efficiently, without the need for any documents or identification. They rarely use documents to validate and verify the transactions. By engaging in these transactions, customers run the risk of being cheated and their funds may never reach its intended destination.

2) Illegal operators usually target job seekers by placing attractive advertisements to lure prospective employees to join the company, after which they use them to solicit for new investments. Most often, employees will be encouraged to approach their direct family, relatives and friends before targeting members of the public.

3) Illegal operators usually portray a professional and reputable image, a high-tech office layout and advanced IT facilities, such as a LCD screens displaying movements in exchange rates to provide the impression that a legitimate and real business is being conducted. These facilities are merely a false front.

4) Investors can either trade using their trading accounts with the company or through dealers appointed by the company. In some cases, investors are allowed to operate their accounts via the Internet.

5) Investors are also required to sign a business contract which is normally entered between the investors and a principal company overseas.

6) In most instances, the operators will inform the investors that they will have to send these contracts to its principal company overseas for signing. However, such contracts are usually left unsigned.

7) As such, in the event the investors are unhappy with future dealings and transactions, no action can be taken against the company as there is no binding contract between them.

8) Investors will usually get high returns on their initial investments. This will convince them to increase their investments in hopes of higher returns. Eventually, they will end up losing everything when the illegal operators suddenly go missing.

9) Investors who lose their money through purported volatility of exchange rate movements are informed by the illegal operators that they need to pay margin-call in order to recover their paper loss

10) The illegal operators may also encourage investors to increase their investment to try to recover their losses.


You can report directly to Bank Negara Malaysia via the following communication channels:

Call: 1-300-88-5465 (1-300-88-LINK)
Fax: 03-2174 1515
SMS to 15888: BNM TANYA [your report / query]
Email: bnmtelelink@bnm.gov.my

Source: bnm.gov.my
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MGSB Berhad raid by Bank Negara on 15 Sept

A joint raid was conducted on MGSB Berhad led by Bank Negara Malaysia together with the National Revenue Recovery Enforcement Team of the Attorney-General’s Chamber (NRRET), Royal Malaysian Police (RMP) and Companies Commission of Malaysia (SSM) on 15 September 2017.

BNM

MGSB Berhad was raided for suspected offence under the Financial Services Act 2013 (FSA) and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). The joint raid was one of the continuous inter-agencies measures to eradicate illegal financial scheme activities.

Raids were also conducted on seven premises related to MGSB Berhad located in Kajang, Bangi, Shah Alam and Kuala Lumpur (Jalan Tun Razak) and its affiliates (company secretary and legal firm). Relevant documents were seized to assist the investigation. Three company directors suspected to be the mastermind and agents for illegal deposit taking activities were arrested and remanded. The joint raiding operation also resulted in the freezing of 54 bank accounts in 11 banks and seizure of cash comprising ringgit and foreign currencies amounting to more than RM700,000 under the AMLA.

Under Section 137(1) of the FSA, it is an offence for any person to accept deposits without a licence. Investigations for money laundering will also be undertaken under the AMLA. Upon conviction, a person is liable to a fine of not less than five times the sum or value of the proceeds of an unlawful activities or instrumentalities or RM5 million, whichever is higher, and imprisonment not exceeding 15 years.

Members of the public are advised to be wary of unlicensed companies for purpose of investment and should refer to licensed financial institutions listed on Bank Negara Malaysia’s website (www.bnm.gov.my).
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Thursday, September 7, 2017

2017 SEA Games coins order result

Bank Negara Malaysia (BNM) has just announced order result for Commemorative Coins in Conjunction with 29th Southeast Asian (SEA) Games and 9th ASEAN Para Games. According to their press release, BNM received orders from more than 2,000 interested buyers, four times more than the previous sale.

order result

On 29 August 2017, in conjunction with the 29th Southeast Asian (SEA) Games and 9th ASEAN Para Games, BNM have announced public can place their orders for 2017 SEA Games commemorative coins via email to commorder@bnm.gov.my or via order forms available at Bank Negara Malaysia’s Museum and Art Gallery and the Bank’s offices in Kuala Lumpur, Penang, Johor Bahru, Kota Kinabalu, Kuching and Kuala Terengganu.

This was to ensure greater convenience for members of the public to purchase these limited edition coins and to provide a fairer opportunity to more buyers nationwide. The online ordering was part of a new pre-ordering process where members of the public were able to order online via email and through the Bank’s offices nationwide.

The Bank also introduced a new computer-aided balloting process for oversubscribed coins. The ordering and balloting exercise was witnessed by the Bank’s internal auditors for process integrity.

The Bank has also extended the collection period to allow successful buyers to pay for and collect the commemorative coins at their convenience. Successful buyers may do so from 8 to 12 September 2017 at Bank Negara Malaysia’s Museum and Art Gallery (daily, including on weekends and public holidays) and at the Bank’s offices in Penang, Johor Bahru, Kota Kinabalu, Kuching and Kuala Terengganu (normal working days).

Buyers have to present valid identification in person for collection (e.g. MyKad for Malaysians/ Passport for non-Malaysians). Coins which are not collected by 4.00 p.m. on 12 September 2017 will be offered to buyers in the ballot reserve list. Retail sale of the Nordic Gold coins will be available at Bank Negara Malaysia’s Museum and Art Gallery from 13 September 2017 onwards.

For further enquiries, please contact: 03-2691 0433 or bnmtelelink@bnm.gov.my.

The order results are available online at www.bnm.gov.my, at Bank Negara Malaysia’s Museum and Art Gallery and the Bank’s offices nationwide.
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Friday, August 25, 2017

Pre-order for 2017 SEA Games coins via email or order forms

Today, Bank Negara Malaysia (BNM) have announced public can place their orders for 2017 SEA Games commemorative coins via email to commorder@bnm.gov.my or via order forms available at Bank Negara Malaysia’s Museum and Art Gallery and the Bank’s offices in Kuala Lumpur, Penang, Johor Bahru, Kota Kinabalu, Kuching and Kuala Terengganu. In the event of oversubscription, balloting will take place.

2017 SEA Games coins

Ordering via Email or at BNM offices
Based on public feedback and to provide a fair opportunity for the public to buy these limited edition coins, there will be a purchase limit (a set of 2, a silver coin and three Nordic Gold coins per person). 

To improve buying convenience, the public can place their orders via email to commorder@bnm.gov.my or via order forms available at Bank Negara Malaysia’s Museum and Art Gallery and the Bank’s offices in Kuala Lumpur, Penang, Johor Bahru, Kota Kinabalu, Kuching and Kuala Terengganu. 

tempahan syiling

Orders can be placed from 29 August 2017 until 5 September 2017 at 1.00pm.

Order Result Announcement
In the event of oversubscription, balloting will take place. Results will be announced on 8 September 2017 at www.bnm.gov.my and at Bank Negara Malaysia’s Museum and Art Gallery and the Bank’s offices nationwide.

Payment and Collection
Successful buyers can pay and collect their coins from 8 to 12 September 2017 at Bank Negara Malaysia’s Museum and Art Gallery (daily, including on weekends and public holidays) and at the Bank’s offices in Penang, Johor Bahru, Kota Kinabalu, Kuching and Kuala Terengganu (normal work days). Buyers have to present a valid identification in person for collection (e.g. MyKad/Passport).

On 16 August 2017, Bank Negara Malaysia issued commemorative coins in conjunction with the 29th Southeast Asian (SEA) Games and 9th ASEAN Para Games. The commemorative coins consist of a proof coloured silver coin, a Nordic Gold Brilliant Uncirculated coin and a set of two of these coins.

For enquiries, please contact: 1-300-88-5465 (1-300-88-LINK) or bnmtelelink@bnm.gov.my.
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Wednesday, August 23, 2017

BNM raid Illegal Money Services Premises on 17 Aug

Bank Negara Malaysia on 17 August 2017 raided five premises located in Perak, Pahang and Negeri Sembilan. These premises were raided for suspected offences under the Money Services Business Act 2011 (MSBA) and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFA). 

MSBA logo

The raids were conducted on DJ Travel & Tour Sdn. Bhd. in Lumut and Sitiawan, Fathima Warisan Enterprise in Giant Supermarket Senawang, and Habeeb Textiles in Kuantan and Muadzam Shah where relevant documents, cash and foreign currencies were seized. In the same raiding operations, four illegal immigrants who were involved in manning the premises were detained by the Immigration Department of Malaysia.

Any person or company who conducts money services business activities, such as money changing and remittance activities without a license is committing an offence under section 4(1) of the MSBA and shall be liable to a fine not exceeding RM5 million or imprisonment not exceeding 10 years or both. For an offence under section 4(1) of the AMLATFA, individuals convicted shall be liable to imprisonment not exceeding 15 years and a fine of not less than five times the sum or value of the proceeds of an unlawful activity or instrumentalities at the time the offence was committed or RM5 million, whichever is higher.

Members of the public are advised not to conduct any money changing or remittance transactions with illegal money services business operators. Any person who conducts transactions with illegal money services business operator does so at the risk of financial loss from funds absconded by perpetrators or asset seized by authorities. Enforcement action may also be taken against them by the relevant authorities. 

Members of the public are advised to deal only with licensed money services business operators which can be identified by the official logo of Malaysian Association of Money Services Business (MAMSB) displayed at their counters (please refer attachment for the MAMSB logo). The list of licensed money services business operators is also available in Bank Negara Malaysia's website (www.bnm.gov.my).

This raiding operation is one of the continuous measures by Bank Negara Malaysia to eradicate illegal money changing and remittance activities in our country.
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